A Researcher Wants to Measure the Strength of the Association

question 16

Multiple Choice

A researcher wants to measure the strength of the association between income (measured in dollars per year) and education (measured in number of years of formal schooling) .Which of the following would be the most appropriate measure of association?

• A)the slope (b)
• B)gamma
• C)chi square
• D)Pearson's r

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Definitions:

Federal Government

A system of government in which powers and responsibilities are divided between a national government and state or provincial governments.

Surplus Federal Budget

A situation where the federal government's revenues exceed its expenditures within a given fiscal period.

National Saving

The total saving of a country, composed of the savings accumulated by both the private sector and the government, available for investment.

Aggregate Demand

A complete tally of the demand for goods and services in an economy, at an agreed upon price level during a precise time period.